US dollar Archives - Rethinking the Dollar

The BRICS Currency: A Potential Alternative to the US Dollar?

Jul 19, 2023 | Economic Collapse

In recent years, there has been growing interest in the BRICS currency as a potential alternative to the US dollar. Many countries are wary of the dollar’s inflationary risks and its dominant position in global trade. However, the euro, another widely used...

Dedollarization: The Emergence of a Multipolar World Monetary System

Jun 22, 2023 | Economic Collapse

The international power structure has undergone significant changes in recent years, with the emergence of dedollarization as a new economic wave. Dedollarization refers to the process of moving away from the domination of the US dollar, and it has significant...

The Rise of the Yuan and the Decline of the Dollar

Jun 3, 2023 | Economic Collapse

Since the end of World War II, the US dollar has been the world’s dominant reserve currency, with countries around the world needing to hold large amounts of dollars to facilitate trade and investment. However, recent developments suggest that the dollar’s position is...

Deathblow Coming for the Dollar, People Will Run to Gold: Peter Schiff

Apr 5, 2023 | Economy

Peter Schiff, Chief Economist and Global Strategist at Euro Pacific Asset Management, discusses the threat to the US dollar’s status as the world’s reserve currency. He predicts that the current financial crisis, which he believes will be bigger than the...

BRICS Nations Creating “New Currency” as Global De-Dollarization Accelerates

Apr 5, 2023 | Economy

China and Brazil just finished a trade deal in their own currencies instead of the dollar. This is bad news for the world’s reserve currency, but it’s not the only bad news. Last week, a Russian official said that the BRICS countries are working on making...